FOI Task G: Risk Management

Question 1

What are the principles of risk management?

Answer 1

Accept no unnecessary risk
Make risk decisions at the appropriate level
Accept risk when benefits outweigh the costs
Integrate risk management into planning at all levels.

Question 2

What are the steps in the risk management process? 6

Answer 2

Identify the Hazard
Assess the Risk
Analyze Risk Control Measures
Make Control Decisions
Implement Risk Controls
Supervise and Review

Question 3

How is the level of risk measured?

Answer 3

Severity

Probability

Question 4

What are the levels in rating the likelihood of an event?

Answer 4

Probable - An event will occur several times.

Occasional - An event will probably occur sometime.

Remote - An event is unlikely to occur, but is possible.

Improbable - An event is highly unlikely to occur.

Question 5

What are the levels of Severity of an event?

Answer 5

Catastrophic - Results in fatalities, total loss.

Critical - Severe injury, major damage.

Marginal - Minor injury, minor damage

Negligible - Less than minor injury, less than minor system damage.

Question 6

What is the IMSAFE checklist?

Answer 6

Illness
Medication
Stress
Alcohol
Fatigue
Eating

Question 7

PAVE checklist

Answer 7

Pilot-in-command - Is the pilot ready for the trip? IMSAFE checklist?

Aircraft - Is the aircraft and it’s equipment familiar to the pilot and ready/suitable for the trip?

EnVironment - Weather, terrain, airspace, airports, and day/night are all factors to consider.

External pressures - “Get-there-itis”, adhere to schedule no matter what, desire to impress, etc.

Question 8

5P Checklist

Answer 8

Plan
Plane
Pilot
Passengers
Programming